63 Carolina DrAngierNC27501
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Angier at 63 Carolina Dr, Angier, NC, 27501 offers a 8.95% rental yield on a $275,000 purchase with $2,051/mo rent. Total monthly income registers $2,051/mo, and a $1,346/mo payment leaves $375/mo available for distribution. Annual cash flow reaches $4,500/yr on $91,163 to close, and return on cash invested stands at 24.85% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 129.18% and total cumulative return in cash at $117,767. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,051/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27501, Angier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,569 (100%) |
| Owner Occupied HU | 7,115 (74.4%) |
| Renter Occupied HU | 1,944 (20.3%) |
| Vacant Housing Units | 510 ( 5.3%) |
| Median Home Value | $342,992 |
| Average Home Value | $353,137 |
Housing Distribution
Address Breakdown
Residential
9,345
Single Family
9,313
Multi-Family
32
Businesses
492
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Listed by: Ruby Ordonez • Fathom Realty NC
Mls Name: Doorify MLS
Mls ID: #10131172